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Alabama · Nonprofit

AFRICATOWN REDEVELOPMENT CORPORATION

AFRICATOWN REDEVELOPMENT CORPORATION (Alabama) receives grants from 3 organizations whose IRS filings report $210,000 to it, the largest being WK Kellogg Foundation ($200,000). 0 of them have funded it in more than one year.

Revenue FY2025
$2.3M
Funders on record
3
Grants received
$210k
Net assets
$2.9M
0/3 repeat funders
01What it does

What Africatown Redevelopment Corporation does

Mission

The purpose of the Africatown Redevelopment Corporation board is to revitalize housing, preserve history, and attract/develop commerce in the area known as the africatown historic district in mobile, alabama.

As stated on its FY2025 Form 990.

Program

  1. Set up office at 1866b government street, participated in "last out" home repair week with "heart 911" to repair kitchens, bathrooms and drywall homes in africatown, and held africatown community cleanup in conjunction with open table united church of christ

    $292,900 spent
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $292,900.

02The organization over time

The organization over time

Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20222022 Revenue 100 ($268k) Expenses 100 ($25k) Net assets 100 ($255k)2023 Revenue 215 ($577k) Expenses 716 ($178k) Net assets 256 ($654k)2024 Revenue 356 ($953k) Expenses 2818 ($702k) Net assets 354 ($905k)2025 Revenue 872 ($2.3M) Expenses 1394 ($347k) Net assets 1132 ($2.9M)
2022202320242025
Revenue (872)Expenses (1394)Net assets (1132)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $908k to $2.9M (+219%).

$255k
$657k
$908k
$2.9M
2022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2022 94% · 2023 100% · 2024 65% · 2025 93%. Grants only. Government contracts and fees sit inside program revenue.

100% of AFRICATOWN REDEVELOPMENT CORPORATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (63% for the typical peer).

This organization
Typical peer · 5,377 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 4 reported years ran a deficit.

$243k
’22
$399k
’23
$251k
’24
$2.0M
’25
54
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Karlos Finley

Executive director

As listed on its FY2025 Form 990.

2022202320242025
Listed99910
Joined·+0+0+1
No longer listed·000
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'24*
'26*
total
funders
2
1

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of AFRICATOWN REDEVELOPMENT CORPORATION’s funders (the co-funder graph). Top 2 of 3 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

AFRICATOWN REDEVELOPMENT CORPORATION leans on a few funders — its largest provides 95% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

95%
largest funder
100%
top three
~1
effective funders

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

AFRICATOWN REDEVELOPMENT CORPORATION draws 95% of its grant income from funders outside Alabama, across 2 states in all.

MI
AL

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

AFRICATOWN REDEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 3,230 arts & culture nonprofits its size.

Operating margin85% · top quartile
Months of reserve54.2mo · top quartile
Revenue growth (annualized)106% · top quartile

this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025

Organizations like AFRICATOWN REDEVELOPMENT CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Alabama

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

84% of spending goes to programs.

Program 84%Management 16%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for AFRICATOWN REDEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds AFRICATOWN REDEVELOPMENT CORPORATION?
AFRICATOWN REDEVELOPMENT CORPORATION (Alabama) receives grants from 3 organizations whose IRS filings report $210,000 to it, the largest being WK Kellogg Foundation ($200,000). 0 of them have funded it in more than one year.
How many funders does AFRICATOWN REDEVELOPMENT CORPORATION have?
IRS filings report 3 organizations giving $210,000 in grants to AFRICATOWN REDEVELOPMENT CORPORATION.
Who is the largest funder of AFRICATOWN REDEVELOPMENT CORPORATION?
WK Kellogg Foundation is the largest funder on record, with $200,000 in grants. The full list of funders is on this page.
How can an organization like AFRICATOWN REDEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Alabama. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2022–2025), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing